Price increases at UK retailers fell in early May to their lowest level in more than two years, adding to signs of an improving economic …
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Inflation
Next Sales Rise as Inflation Pressures Ease, Maintains Forecast
Next Plc said first quarter sales were solid as easing price pressures boost shoppers’ desire to buy clothes and shoes. The British fashion and homewares …
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of one of its best-known handbags to more than €10,000 ($10,725). …
US Monthly Inflation Slows; Consumer Spending Surges
US prices increased less than expected in February, with the cost of services outside housing and energy slowing significantly, keeping a June interest rate cut …
EssilorLuxottica Margin Just Below Expectations on Inflation Hit
EssilorLuxottica SA, the owner of the Ray-Ban and Oakley brands, reported margins just below analyst expectations as the French-Italian eyewear maker fought higher costs and …
How Brands Are Preparing for Life After Inflation
When inflation was at a 40-year high, most brands had little choice but to raise prices. Today’s less-overheated economy requires a more nuanced approach. Last …
UK Inflation Is Set to Ease, but Not as Quickly as Markets Hope
Official data on Wednesday is likely to show the Consumer Prices Index eased to 3.8 percent in the year through December from 3.9 percent the …
Nordstrom Revenue Sags as Inflation Turns Holiday Shoppers Picky
Nordstrom missed Wall Street targets for third-quarter revenue on Tuesday as sticky inflation pressured consumer spending in the months leading up to the all-important holiday …
Primark Owner Sees Bigger Fashion Profit as Inflation Fades
Associated British Foods Plc said profit will rise at Primark as lower raw material and freight costs boost the performance of the low-cost fashion chain. …
The Big Bet on Luxury Stocks Stumbles on Inflation, China Woes
Problems are stacking up for Europe’s hottest sector. A warning from the chairman of Cartier-owner Richemont that stubborn inflation was starting to affect demand in …
Unilever Shares Gain on Resilient Demand as Inflation Cools
Unilever Plc shares advanced as the maker of Dove soap moderated price increases on personal care and beauty products, leading to a rebound in purchases …
UK Shop Price Inflation Strikes New Record High
British shop price inflation picked up this month to reach its highest rate since industry records began in 2005, although growth in food prices cooled …
UK Shoppers Boost Spending Despite Inflation
British consumers picked up the pace of their spending last month, and sales volumes over the three months to April grew by the most since …
Who Knew Inflation Could Feel This Good?
Dara wears Rick Owens. Dara shows off some glamorous recession-defying looks straight from the Paris runways. ——— BALENCIAGA ——— DURAN LANTINK Tights Dara’s Own. ——— …
Next Dials Down Inflation Estimates
Next Plc shares plunged as the UK retailer warned of a challenging year ahead and repeated profit and sales will probably decline this year. The …
US Holiday Sales Miss Estimates as Inflation Weighs on Demand
US holiday sales rose by 5.3 percent, but fell short of estimates, as shoppers feeling the brunt of stubbornly high inflation pulled forward purchases to …
Retailers Turn to Robots in Cost Inflation Fight
At a vast warehouse in the southern Dutch city of Roosendaal, automated cranes and driverless vehicles silently stack clothes for the French and Italian stores …
H&M Cuts 1,500 Jobs as Inflation Hits Demand
Swedish fashion giant H&M on Wednesday became the first big European retailer to start layoffs by announcing 1,500 job cuts owing to softening demand as …
Macy’s Profits From Wealthy Shoppers, Kohl’s Feels Inflation Pinch
Upscale US retail chain Macy’s Inc raised its annual profit forecast on Thursday on resilient demand for high-end clothes and beauty products, while the inflation …
Mini-Splurges Decline as Shoppers Feel the Pinch of Inflation
Less-affluent luxury shoppers are curtailing their once-frenzied purchases of entry-level products such as Gucci slippers and Balenciaga belts — a sign that the cooling of the …